CANCELLATIONS AND NON-RENEWAL. Within five (5) calendar days of a suspension, cancellation, non-renewal, or material change in coverage, Developer and or Developer’s contractor shall provide a replacement Certificate of Insurance and applicable endorsements to City at the same address listed in Section 17.1 of this Agreement. City shall have the option to suspend Developer or Developer’s contractor’(s) performance should there be a lapse in coverage at any time during this Agreement. Failure to provide and to maintain the required insurance shall constitute a breach of this Agreement and the City may exercise any and all available legal remedies.
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Samples: Broadway East by Encore Development Agreement, Project Development Agreement, Funding Agreement
CANCELLATIONS AND NON-RENEWAL. Within five (5) calendar days of a suspension, cancellation, non-renewal, or material change in coverage, Developer and or Developer’s contractor shall provide a replacement Certificate of Insurance and applicable endorsements to City at the same address listed in Section 17.1 of this AgreementArticle. City shall have the option to suspend Developer or Developer’s contractor’(s) performance should there be a lapse in coverage at any time during this Agreement. Failure to provide and to maintain the required insurance shall constitute a breach of this Agreement and the City may exercise any and all available legal remedies.
Appears in 7 contracts
Samples: Nabors Project Development Agreement, MLK Place Project Development Agreement, Signifcant Marker Project Funding Agreement
CANCELLATIONS AND NON-RENEWAL. Within five (5) calendar days of following a suspension, cancellation, non-renewal, or material change in coverage, Developer and or Developer’s contractor shall provide a replacement Certificate of Insurance and applicable endorsements to City at the same address listed in Section 17.1 of this AgreementArticle. City shall have the option to suspend Developer or Developer’s contractor’(s) performance should there be a lapse in coverage at any time during this Agreement. Failure to provide and to maintain the required insurance shall constitute a breach of this Agreement and the City may exercise any and all available legal remedies.
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CANCELLATIONS AND NON-RENEWAL. Within five (5) calendar days of a suspension, cancellation, non-renewal, or material change in coverage, Developer and or and/or Developer’s contractor shall provide a replacement Certificate of Insurance and applicable endorsements to City at the same address listed in Section 17.1 of this AgreementArticle. City shall have the option to suspend Developer or Developer’s contractor’(s) performance should there be a lapse in coverage at any time during this Agreement. Failure to provide and to maintain the required insurance shall constitute a breach of this Agreement and the City may exercise any and all available legal remedies.
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